Stellantis (STLA) Ups Its Game With New Software Products
STLAStellantis(STLA) ZACKS·2024-06-17 22:05

Stellantis N.V. (STLA) is improving mobility for its 14 brands with new connected features, boosting software and services revenues by 2.5 times since 2021 and increasing global subscribers to five million. The monetizable car parc has grown 15% to 13.8 million vehicles, with more than 94 million over-the-air (OTA) updates in 2023. These advancements pave the way for further software growth at Stellantis, utilizing cloud-based tools like the Virtual Engineering Workbench. In-house development and strategic ...